HSN Code 33049920: Nail Polish Or Lacquers

HSN Code 33049920 represents Nail Polish Or Lacquers under GST classification. This code helps businesses identify Nail Polish Or Lacquers correctly for billing, taxation, and trade. With HSN Code 33049920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Nail Polish Or Lacquers.

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Description of Goods for HSN Code 33049920

HSN Code 33049920 relates to the following description.

Description of Goods

Other : Other : Nail polish or lacquers

Chapter

33 - Essential oils and resinoids, perfumery, cosmetic or toilet preparations

Sub Chapter

3304 - Beauty or make-up preparations and preparations for the care of the skin (other than medicaments), including sunscreen or suntan preparations; manicure or pedicure preparations

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 33049920 not include?

Nail Polish Or Lacquers does not include products with the following descriptions.

India’s Trade Performance — HSN Code 33049920 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹13 Cr

+21.95% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹21 Cr

+1.13% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹8 Cr

Trade Deficit

Surplus rank #8906 of 12657 HSN codes

% of Sub-Chapter 3304

FY 2024-25

0.35%

Share of Sub-Chapter 3304’s total exports in FY 2024-25

Import side: 0.55% of Sub-Chapter 3304’s imports

Rank Within Sub-Chapter 3304

FY 2024-25

#11 of 12

Position by export value among HSN codes in Sub-Chapter 3304

Import-side rank: #8 of 12

At a glance

−9.56%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#5515

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+47.50%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.35%

Contribution to Sub-Ch. 3304

Share of Sub-Chapter 3304 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 33049920

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #3920

Balance

+15.12

Exports

22.85 ₹ Cr

0.0010% share

— YoY

1.87% of Sub-Ch. 3304

Imports

7.73 ₹ Cr

0.0002% share

— YoY

0.54% of Sub-Ch. 3304

FY 2019-20 Exp. Rank #4133

Balance

+16.67

Exports

19.67 ₹ Cr

0.0009% share

−13.92% YoY

1.65% of Sub-Ch. 3304

Imports

3.00 ₹ Cr

0.0001% share

−61.19% YoY

0.19% of Sub-Ch. 3304

FY 2020-21 Exp. Rank #4995

Balance

+6.03

Exports

10.59 ₹ Cr

0.0005% share

−46.16% YoY

0.94% of Sub-Ch. 3304

Imports

4.56 ₹ Cr

0.0002% share

+52.00% YoY

0.40% of Sub-Ch. 3304

FY 2021-22 Exp. Rank #4927

Balance

+4.39

Exports

15.62 ₹ Cr

0.0005% share

+47.50% YoY

1.06% of Sub-Ch. 3304

Imports

11.23 ₹ Cr

0.0002% share

+146.27% YoY

0.45% of Sub-Ch. 3304

FY 2022-23 Exp. Rank #5586

Balance

−6.25

Exports

10.38 ₹ Cr

0.0003% share

−33.55% YoY

0.34% of Sub-Ch. 3304

Imports

16.63 ₹ Cr

0.0003% share

+48.09% YoY

0.45% of Sub-Ch. 3304

FY 2023-24 Exp. Rank #5701

Balance

−10.05

Exports

10.25 ₹ Cr

0.0003% share

−1.25% YoY

0.16% of Sub-Ch. 3304

Imports

20.30 ₹ Cr

0.0004% share

+22.07% YoY

0.22% of Sub-Ch. 3304

FY 2024-25 Exp. Rank #5515

Balance

−8.03

Exports

12.50 ₹ Cr

0.0003% share

+21.95% YoY

0.35% of Sub-Ch. 3304

Imports

20.53 ₹ Cr

0.0003% share

+1.13% YoY

0.55% of Sub-Ch. 3304

CAGR · 7-Year

Exports

−9.56% /yr

Imports

17.68% /yr

Consistently Deficit
Sub-Chapter 3304 total

reference, FY 2024-25

Export

₹3,545.47 Cr

Import

₹3,756.71 Cr

Trade Balance

−211.24

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 33049920 Export-Import Analysis

Export Decline: −9.56% CAGR Over 7 Years

India's exports under HSN Code 33049920 have declined at a compound annual rate of −9.56% over 7 fiscal years, falling from ₹22.85 Crore in FY 2018-19 to ₹12.50 Crore in FY 2024-25.

HSN Code 33049920 Ranked #5515 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 33049920 ranks #5515 out of 12657 HSN codes by total export value. Within Sub-Chapter 3304, it ranks #11 of 12. By trade surplus, it ranks #8906 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 33049920 Exports

The strongest single-year export movement for HSN Code 33049920 was recorded in FY 2021-22, when exports surged by 47.50% over the prior year.

India Records a Trade Deficit of ₹8.03 Crore in HSN Code 33049920 Goods

In FY 2024-25, India's imports of ₹20.53 Cr exceeded exports of ₹12.50 Cr, resulting in a trade deficit of ₹8.03 Crore — ranking #8906 of 12657 by surplus magnitude.

Import Growth of 17.68% CAGR Signals Rising Demand for Nail Polish Or Lacquers

India's imports under HSN Code 33049920 have grown at 17.68% CAGR, reaching ₹20.53 Crore in FY 2024-25.

HSN Code 33049920 Contributes 0.35% of Sub-Chapter 3304 Exports — Ranked #11

Among the 12 HSN codes under Sub-Chapter 3304, HSN Code 33049920 ranks #11 by export value — accounting for 0.35% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.55% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 33049920 and GST compliance.

What products are classified under HSN 33049920 ?

It includes Nail Polish Or Lacquers

How should mixed supplies be billed when Nail Polish Or Lacquers is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Nail Polish Or Lacquers; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Nail Polish Or Lacquers?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Does packaging or labelling change the GST for Nail Polish Or Lacquers?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

Any common misclassification issue with Nail Polish Or Lacquers?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Can we claim ITC on inputs used to trade Nail Polish Or Lacquers?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How much GST applies to Nail Polish Or Lacquers?

Under HSN 33049920, Nail Polish Or Lacquers attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.